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The European balance of power is a tenet in international relations that no single power should be allowed to achieve hegemony over a substantial part of Europe. During much of the Modern Age, the balance was achieved by having a small number of ever-changing alliances contending for power, [1] which culminated in the World Wars of the early 20th century.
A great power is a sovereign state that is recognized as having the ability and expertise to exert its influence on a global scale. Great powers characteristically possess military and economic strength, as well as diplomatic and soft power influence, which may cause middle or small powers to consider the great powers' opinions before taking actions of their own.
Recognized great powers came about first in Europe during the post-Napoleonic era. [1] The formalization of the division between small powers and great powers came with the signing of the Treaty of Chaumont in 1814.
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 January 2025. List of great powers from the early modern period to the post-Cold War era Great powers are often recognized in an international structure such as the United Nations Security Council. A great power is a nation, state or empire that, through its economic, political and military strength ...
Portrait of Prince Metternich by Thomas Lawrence. Prince Metternich, Austrian chancellor and foreign minister, as well as an influential leader in the Concert of Europe. The Concert of Europe describes the geopolitical order in Europe from 1814 to 1914, during which the great powers tended to act in concert to avoid wars and revolutions and generally maintain the territorial and political ...
Gerry Simpson distinguishes "Great Powers", an elite group of states that manages the international legal order, from "great powers", empires or states whose military and political might define an era. [2] The following is a list of empires that have been called great powers during the Middle Ages: China (throughout) [3] [4] Goguryeo (400-668 ...
List of ancient great powers, a list of great powers before the year 500 AD; List of medieval great powers, a list of great powers after the year 400 to 1500; List of modern great powers, a list of great powers since the year 1500 to the present
Italy's great power strength includes a vast advanced economy [15] [16] (in terms of national wealth, net wealth per capita and national GDP), a strong manufacturing industry (ranking 7th on the list of countries by manufacturing output), [17] a large luxury goods market, [18] a large national budget and the third largest gold reserve in the world.